What are the responsibilities and job description for the Compensation Manager position at The Home Depot?
Req183617
Position Purpose
Responsible for managing the compensation function for multiple organizations, or managing multiple functions within compensation. Designs, implements, communicates, and drives compensation programs such as base pay, incentive pay, and equity programs, which may include exeuctive compensation, to provide a competitive level of pay, motivation, and reward to employees. May consult with HR clients or business partners to assist with compensation decisions or issues.
Key Responsibilities
Position Purpose
Responsible for managing the compensation function for multiple organizations, or managing multiple functions within compensation. Designs, implements, communicates, and drives compensation programs such as base pay, incentive pay, and equity programs, which may include exeuctive compensation, to provide a competitive level of pay, motivation, and reward to employees. May consult with HR clients or business partners to assist with compensation decisions or issues.
Key Responsibilities
- (50%) Utilizes highly developed analytical skills to evaluate, develop and optimize compensation programs, and opportunities. Develops recommendations to business partners and leadership to approve and implement programs and process enhancements. These may include, but are not limited to executive programs, wage rates and policy, incentive design structures, acquisition integration, etc.
- (30%) Either through direct or indirect reporting relationship, manages and oversees the work of Analyst or Sr. Analyst associates.
- (20%) Partners with HR and operational business partners to support them with ad hoc requests and specific compensation needs of their organization.
- Accountable for direct supervision of the work activities of others. Planning, monitoring and reviewing work of subordinates is required. This may include direct supervision of a shift or the coordination of multiple work groups. Makes recommendations concerning selection, termination, performance appraisal and professional development.
- Typically requires overnight travel 5% to 20% of the time.
- Most of the time is spent sitting in a comfortable position and there is frequent opportunity to move about. On rare occasions there may be a need to move or lift light articles.
- Located in a comfortable indoor area. Any unpleasant conditions would be infrequent and not objectionable.
- Must be eighteen years of age or older.
- Must be legally permitted to work in the United States.
- No additional qualifications
- The knowledge, skills and abilities typically acquired through the completion of a bachelor's degree program or equivalent degree in a field of study related to the job.
- No additional education
- 4
- No additional years of experience
- None
- None
- None
- Advanced Analytical & Problem Solving Skills (Both Technical and General Business-Related).
- Superior Project & Process Leadership Skills
- Effective Cross-Functional Business Partnering Skills
- People Management, Coaching and/or Team Member Development Skills
- Strong Business Acumen
- - Advanced Communication Skills (Written & Verbal)